Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded
Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense.
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Sam Bankman-Fried’s lawyers argue previous FTX legal team led him to act ‘in good faith’
The filing surrounding the legal strategy followed an all-day session between SBF and his lawyers on Aug. 22 outside of jail, which was granted by a judge on a one-time basis. 339 Total views 12 Total shares Lawyers currently representing Sam Bankman-Fried, or SBF, for his criminal case in the United States plan to elicit…
SEC extends four Bitcoin ETF deadlines by 45 days
The decision timeline of four Bitcoin ETFs, including Global X Bitcoin Trust, has been extended today by the SEC. 3448 Total views 27 Total shares The Securities and Exchange Commission (SEC) has extended the deadline of four Bitcoin exchange-traded funds (ETFs) on Friday for 45 days, citing the requirement for additional time to decide whether…
Ignite CEO announces departure after seven years
Peng Zhong stepped down as CEO roughly a month after former company head Jae Kwon said he would be leading NewTendermint, part of Ignite's split to two firms in May. 320 Total views 20 Total shares Peng Zhong, the chief executive officer of Ignite — formerly Tendermint and backer of the Cosmos ecosystem — has…
'No excuse' not to long crypto: Arthur Hayes repeats $1M BTC price bet
Bitcoin (BTC) and altcoins are a no-brainer bet in the current macro climate, Arthur Hayes says.In a post on X (formerly Twitter) on Dec. 14, the former CEO of exchange BitMEX said that investors have “no excuse” to short crypto.$1 million Bitcoin still in play in 2024 "great pivot"Going long crypto is the key to
More ‘forced selling’ ahead? Purpose Bitcoin ETF holdings plunge by 51% in biggest outflow ever
Canada's Purpose Bitcoin ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in just one day, suggesting an alarmingly waning buying sentiment among the crypto's most-experienced investors.Purpose Bitcoin ETF has 51% of AUM slashedThe fund's holdings dropped from $47,818 BTC to 23,307 BTC between June 16 and 17, its lowest level since October 2021.…
Bitcoin Price Drops Sharply Below $10K, Marking New Weekly Low
The price of Bitcoin (BTC) has dropped dramatically today, falling by $600 at 6:00 p.m. UTC on Aug. 28.In the course of an hour, the Bitcoin price sank from $10,269 to $9,630, but is currently attempting to stage a recovery. At press time the coin is trading at $9,721.Bitcoin price. Source: Coin360Bitcoin’s current position marks…
Ethereum co-founders reflect on 10-year anniversary — EthCC
Ethereum co-founders Vitalik Buterin and Joseph Lubin reflect on the state of the network a decade after its creation.
Are Cosmos’ ecosystem growth and roadmap enough to sustain ATOM’s current 50% monthly rally?
In September 2022, Interchain Foundation, the team behind Cosmos’ development , introduced the Cosmos ATOM 2.0 whitepaper. The document proposed significant changes to Cosmos’s design, including a tokenomics upgrade to fund the Cosmos ecosystem development and reduce ATOM inflation.While the whitepaper launch acted as a bullish catalyst for ATOM price, the community vote to pass…